Financials
Financial year 2025
MERLION from Holsbeek, company number BE0643473947, closed financial year 2025 with a result of € 18,985 after tax. For that financial year MERLION recorded a gross margin of € 41,945 and equity of € 38,257. Compared with financial year 2024, the result moved from € 69,799 to € 18,985. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 29, 2026.
€ 38,257
▲ 99% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,985
▼ 73% vs 2024
Profit after tax over the fiscal year.
€ 26,201
▼ 66% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 19,657.
People and assets in 2025
€ 14,155
▼ 49% vs 2024
Of which on lease € 11,228.
Debts at end 2025
€ 17,071
▼ 24% vs 2024
Loans from banks and other lenders, long and short.
€ 1,218
▼ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,977
▼ 91% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 99,154 | € 132,642 | € 106,276 | € 41,945 | ▼ 61% |
| Profit after taxes | € 64,188 | € 90,841 | € 69,799 | € 18,985 | ▼ 73% |
| Equity | € 1,032 | € 49,474 | € 19,272 | € 38,257 | ▲ 99% |
| Total debts | € 164,959 | € 120,036 | € 160,897 | € 48,643 | ▼ 70% |
| Cash | € 45,026 | € 78,560 | € 77,511 | € 26,201 | ▼ 66% |
| Retained profit | € 32 | € 30,874 | € 672 | € 19,657 | ▲ € 18,985 |
| Dividend | € 86,500 | € 60,000 | € 100,000 | € 0 | ▼ 100% |
| Bank debt | € 47,752 | € 46,496 | € 22,604 | € 17,071 | ▼ 24% |
| Balance sheet total | € 165,992 | € 169,510 | € 180,169 | € 86,900 | ▼ 52% |
Key figures of MERLION, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to MERLION?
What happened at MERLION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 18,985 (▼ 73% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Holsbeek. KBO
- KOENRAAD BILLET became a director. NBB
In short
From € 64,188 profit in 2022 to € 18,985 profit in 2025.
Paid € 70,193 in corporate taxes since 2022.
Best year ever: 2023, with € 90,841 profit.
Paid out € 246,500 in dividends to the owners in total.
Management
Behind MERLION are KOENRAAD BILLET and KARIN NULENS.
Directors
According to the 2025 annual accounts
KOENRAAD BILLET
Associate
since 2015
KARIN NULENS
Associate
Establishments
Establishment units
Physical locations of this company
De Kluis 18
3221 Holsbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0643.473.947
- VAT number
- BE 0643.473.947
- Registered office
- De Kluis 18, 3221 Holsbeek
- Names & denominations
- MERLION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 November 2015
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
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